TechFlow reported that on December 12, PR Newswire reported that Nasdaq-listed Nano Labs (NA) announced the completion of a $36.25 million private placement, issuing 5.6115 million Class A common shares at $6.46 per share. It is worth noting that this round of financing breaks through the traditional financing model and supports multiple payment methods such as US dollars, Bitcoin and USDT, demonstrating the company's open attitude towards digital assets.

As a leading fabless IC design company in China, Nano Labs focuses on high throughput computing (HTC) chips, high performance computing (HPC) chips, distributed computing and storage solutions, smart network interface cards (NICs) visual computing chips, and distributed rendering. The company has established a complete stream processing unit (FPU) architecture that can integrate the features of HTC and HPC.